In our piece titled Regulatory Changes to Corporate Financial Statements at the end of 2021, we talked about some changes to the way we will be required to prepare corporate financial statements. Now, we are going to discuss one of those changes, the concept of...

  Not-for-profits have a wide range of financial statement users who make decisions based on the information provided. CPA firms are often engaged to provide assurance services not only to meet requirements of lenders and grantors, but also to lend credibility to their financial reporting.   Although the pandemic...